What is SINPE?
SINPE — the Sistema Nacional de Pagos Electrónicos — is Costa Rica’s national payments platform, developed and administered by the Banco Central de Costa Rica, moving funds between accounts at the country’s financial entities in colones and US dollars. Poplin pays out to Costa Rica over SINPE, settling in real time.
Source: Banco Central de Costa Rica (opens in a new tab)
Reviewed · by Joyce Chin, Chief Operating Officer & Compliance Officer
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A payout to Costa Rica clears fastest over
SINPE
settles in real time · 1% + $1.00 on a business account
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
What the rail sets for a payout over SINPE — and what Poplin charges to send.
Settlement
Real time
clears in seconds
Reaches
1
country — Costa Rica
Paid out in
2
currencies — CRC, USD
Business fee
from 0.5%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
How SINPE payouts move.
From your US-dollar balance to an account in Costa Rica — four steps, seconds end to end.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted where needed
Where the payout isn’t in US dollars, dollars convert at the mid-market rate — no markup added.
Cleared over SINPE
Poplin clears the payout over SINPE, Costa Rica’s national payment platform.
Arrives in seconds
The money lands in the recipient’s account in Costa Rica in seconds.
Where SINPE reaches.
Costa Rica
The one country Poplin pays out to over SINPE, in US dollars.
Send to Costa Rica →Paid by clients abroad? You can open a Poplin account from Costa Rica, with USD, EUR, GBP, and AED accounts they can pay into, and you can then convert to Costa Rican colóns at the mid-market rate and pay out to a bank account in Costa Rica over SINPE. See what Poplin can do in Costa Rica →
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
Other schemes that can clear in real time.
SINPE — FAQ
Basics What is SINPE?
SINPE — the Sistema Nacional de Pagos Electrónicos — is Costa Rica’s national payments platform, developed and administered by the Banco Central de Costa Rica, moving funds between accounts at the country’s financial entities in colones and US dollars. Poplin pays out to Costa Rica over SINPE, settling in real time.
Speed How long do SINPE payouts take?
Over SINPE, Poplin payouts settle in real time. Payments leave your account in seconds; SINPE then clears the payout to the recipient’s bank.
Cost How much does it cost to send money over SINPE with Poplin?
A percentage of the amount plus a $1.00 fixed fee — from 0.5% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage Which countries does Poplin reach over SINPE?
SINPE is how Poplin pays out to Costa Rica, in USD.
Send US dollars to Costa Rica over SINPE.
Open a Poplin account in minutes. No monthly fees.